Oil And Gas News

 

MDL Secures Cable Laying Job in Asia Pacific

Sep 23, 2025

Maritime Developments (MDL) has secured a subsea installation project in the Asia-Pacific region, covering the lay of two cables and two umbilicals.The work will be done in water depths between 800 and 1,200 meters.For the 60-day campaign, scheduled to mobilize from Singapore in 2026…

Equinor’s Askeladd Vest Field Brings More LNG for Europe

Sep 23, 2025

Equinor has started production from the Askeladd Vest subsea field in the Barents Sea, contributing to continued high and long-term production of liquefied natural gas (LNG) from the processing plant at Melkøya.Askeladd Vest consists of two…

Norway's Oil and Gas Production Exceeds August Forecasts

Sep 23, 2025

Norway's combined oil and gas production exceeded an official forecast by 2.6% in August, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil. Output varies…

ExxonMobil Makes FID for Hammerhead Project off Guyana

Sep 22, 2025

ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…

Chevron, Westlawn Join Anadarko for Oil and Gas Exploration off Peru

Sep 22, 2025

Chevron, the world’s third-largest oil company, and investment fund Westlawn have joined Anadarko Petroleum in a consortium to explore offshore oil and gas blocks in Peru, in a move officials said could boost energy security and attract further global investment…

Petrofac Bags $50M Contract Renewal with Ithaca Energy in North Sea

Sep 22, 2025

Provider of services to the global energy industry Petrofac has extended its work in the U.K.’s North Sea with a two-year contract renewal from Ithaca Energy, valued at $50 million.Under the integrated services contract, Petrofac, who has supported Ithaca Energy since 2011…

Shearwater Gets Seismic Job for Indian Oil Firm

Sep 22, 2025

Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…

Chevron Eyes LNG Growth in Europe with Regasification Terminals

Sep 22, 2025

U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters.The U.S…

Fugro Scraps 2025 Outlook, Announces Job Cuts

Sep 22, 2025

Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…

First Gas Achieved on BW Opal FPSO

Sep 21, 2025

BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Sep 19, 2025

Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…

Deepsea Mira Semi-Sub Spuds Appraisal Well for BW Energy off Namibia

Sep 19, 2025

BW Energy, together with NAMCOR E&P, has started drilling the Kharas well in the Orange Basin, offshore Namibia, with Northern Ocean’s Deepsea Mira semi-submersible drilling rig.The drilling of the appraisal well is taking place in the Kudu license (PPL003) operated by BW Energy…

Viridien, TGS Wrap Up OBN Survey in Gulf of America

Sep 19, 2025

French seismic firm Viridien, in collaboration with Norway’s TGS, has completed the acquisition of the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The latest phase spans 151 OCS blocks and expands…

Equinor’s North Sea Wildcat Well Yields No Oil and Gas

Sep 19, 2025

Equinor and its partners Vår Energi and Aker BP have drilled a dry exploration well in the North Sea.The wildcat well 34/8-20 S was drilled about 130 kilometres west of Florø, in the Narvi nord prospect.The well was first to be drilled in production license 554 E…

Santos Ready to Consider Other Takeover Bids

Sep 19, 2025

Santos is always prepared to consider any takeover offers for the company, the Australian gas producer's CEO Kevin Gallagher said on Friday, adding he would like to stay as CEO as long as he has the support of shareholders and the board.An $18…

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Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to C

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